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Neptune Digital Assets (CVE:NDA) Stock Price Up 19.4% - Should You Buy?

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. saw a significant stock price increase of 19.4%, with shares trading as high as C$1.31 before closing at C$1.17.
  • The company has a market capitalization of C$148.70 million and is involved in various digital currency operations, including Bitcoin mining and cryptocurrency staking.
  • Approximately 1,033,394 shares were traded during this spike, which is 49% above its average daily volume.
  • Five stocks we like better than Neptune Digital Assets.

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report)'s stock price rose 19.4% during mid-day trading on Tuesday . The stock traded as high as C$1.31 and last traded at C$1.17. Approximately 1,033,394 shares were traded during trading, an increase of 49% from the average daily volume of 695,207 shares. The stock had previously closed at C$0.98.

Neptune Digital Assets Trading Up 19.4%

The firm's fifty day moving average price is C$1.26 and its 200-day moving average price is C$1.46. The company has a market cap of C$148.70 million, a P/E ratio of -117.00 and a beta of 2.18.

Neptune Digital Assets Company Profile

(Get Free Report)

Neptune Digital Assets Corp. builds, owns, and operates digital currency infrastructure assets in Canada. The company stakes and lends various digital currencies. It also engages in the Bitcoin mining, node operations, cryptocurrency staking, and decentralized finance (DeFi) tokens, as well as invests in liquidity mining pools.

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